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Middlesex 01742
29 Ridge Rd
$1,680,000
● House - Off Market

29 Ridge Rd

Concord, MA 01742
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,426 Ft²
$2,516,173
RealtyHop Estimate
48.02%
Since Oct 1, 2018
MA-Boston
Primary Model

About This Property

SOUGHT AFTER RIDGE LOCATION a coveted neighborhood just a short stroll to Concord Center.  This wonderful "Bentley built" Nantucket Inspired Colonial, lives like a  brand new home.  Boasting a wonderful floor plan, with substantial moldings, red oak hardwood floors throughout, built in's, window seats and meticulous attention to detail. Featuring a Chefs dream kitchen with top of the line appliances, a large center island, and fine cabinetry,  The floor plan is ideal, all 5 bedrooms are well proportioned and the lower level is finished, perfect for an au pair suite with it's own private bath.  The lot is private and well landscaped. Charm, Quality and a fabulous design and TOP location are the hallmarks to this wonderful offering!
Unit Size
4,426 Ft²
Days on Market
-
Land Size
0.84 acres
Price per sqft
$384
Property Type
House
Property Taxes
$1,724
HOA Dues
-
Year Built
2008

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72367981)

Price History

Date / Event Date Event Price
Sep 14, 2018 Sold
Premium
Sold
Jul 23, 2018 Listed by Coldwell Banker Residential Brokerage - Concord $1,699,900
Listed by Coldwell Banker Residential Brokerage - Concord
Dec 11, 2008 Sold
Premium
Sold
Sep 5, 2008 Listed by Coldwell Banker Residential Brokerage - Concord $1,599,000
Listed by Coldwell Banker Residential Brokerage - Concord
Apr 1, 2008 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,553
  • Total Building Area: 4,454
  • Gross Building Area: 7,727
  • Building Area: 4,454
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,454
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GEORGE ALBREE
  • Land Acres: 0000000839
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Concord School District
  • Census Tract: 361300

Zoning

  • Zoning: B

Geography

  • Account Number: 3236
  • Parcel: CONC M:9I B:33
  • Block: 33
  • Municipality: CONCORD
  • Latitude: 42.4589
  • Longitude: -71.339

    Address

  • Full Address: 29 Ridge Rd
  • Address - House Number: 29
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Concord
  • Carrier Code: C005
  • 4-Digit Zip Code: 2617
  • Zip Code: 01742

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,262,900

    Appraisal Valuation

  • Standard Deviation: 0.178
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 2,470,086
  • High Value: 2,909,831
  • Low Value: 2,030,341

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,485,100
  • Assessed Land Value: $1,076,400
  • Assessed Improvements Value: $1,408,700

    Sales

  • Current Sale Recording Date: Sep 14, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 143016
  • Previous Sale Recording Date: Dec 11, 2008
  • Previous Sale Amount: $1,599,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Middlesex

Stats & Trends

Median Asking:

$809,999

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2698 ft²

Average Home Age

64.7 years

Currently For Sale

3150 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72367981

Frequently Asked Questions

When was property at 29 Ridge Road built and last sold?
The property at 29 Ridge Road was built in 2008 and last sold on Jan 1, 1970 for $1,680,000.
How much is this home worth?
The estimated value of the home located at 29 Ridge Road is $1,714,657.
What are some comparable homes to 29 Ridge Road?
There are currently no comparable homes to 29 Ridge Road.
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